News About: Pharm. Industry
Mundipharma Korea appoints Song as head of consumer healthcare business unitMundipharma Korea said Tuesday it appointed Song Young-rae as a new director managing the company's consumer healthcare business division as of July 4.
Song will manage all m...
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Prosecutors demand jail term for Dong-A’s two agency representatives
The prosecution on Monday demanded an 8-month jail term for two promotion agency presidents, who were involved in the production of educational video for employees of Dong-A Pharmaceutical, with an additional suspende...
Pharmaceutical firms call for more direct support
The Ministry of Health and Welfare on Sunday pledged to support the local industry by increasing the budget for research and development to 10 trillion won, aiming to export 11 trillion won in drugs by 2017 and become...
Innovative pharmaceutical firms boosting R&D spending
Twenty eight innovative drug firms have been spending more on research and development (R&D) projects to strengthen their technology leadership, industrial report showed Monday.
According to a report released by th...
Dong-A eyes Invent Farma
Dong-A Socio Holdings is considering taking over Spain-based Invent Farma in a bid to expand overseas markets, according to the company’s regulatory filing on Monday.
However, the company did not elaborate on the d...
Pharmaceutical industry’s growth is crucial
The government’s plan to spend a combined 10 trillion won on the project to develop 20 new drugs over the next five years, which made public on Sunday, draws a keen interest from the domestic pharmaceutical industry.
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Drug makers scramble to survive
Local drug manufacturers are seeking ways to compete abroad as their profits continue to fall in the domestic market after comprehensive price cuts of drugs by the government in April last year.
Large companies are...
Restylane sales likely to reach 25 billion won in 2013
Galderma Korea, which saw the strong performance of its dermal filler Restylane in the first half of this year, said Thursday that this year’s sales are likely to reach 25 billion won thanks to soaring demand for hyal...
Salespeople vulnerable to dual punishment quagmire
The Ministry of Health and Welfare has stepped up its crackdown on unlawful drug marketing activities. It introduced a rule which slashes the price of a drug by up to 20 percent if a drug maker is found to have offere...
Rise of long-acting injectable antipsychotic drugs reshaping local market
Long-acting, atypical injectable antipsychotic drugs has been in the spotlight here, despite the fact that most oral atypical antipsychotics have lost patent exclusivity over the past three years, resulting in an ann...
